Automotive Sunroof Market Share | Statistics Analysis 2027

Automotive Sunroof Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Type (Slide-in Sunroof, Slide-out, Sunroof Panoramic Sunroof, Pop-Up); Material (Fabric and Glass); Application (Premium Cars, SUVs and Sedan Cars)

Publication Month : May 2020

  • Report Code : TIPTE100000644
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 211
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The automotive sunroof market was valued at US$ 5,104.70 million in 2019, it is estimated to grow at a CAGR of 3.2% from 2019 to 2027.

The automotive manufacturers have introduced several features that augment vehicle visual aesthetics, ventilation, efficiencies, and among other performance indicators. Among these, the automotive sunroof can be described as specially designed movable panels installed in the vehicle roof that enables improved ventilation, lighting, and freshness appeasing for the passengers. The sunroof products quickly gained prominence and resulted in broader adoption by several automotive manufactures globally.Factors such as an increase in demand for improved visual aesthetics and enhanced traveling experience coupled with the rise in disposable income of the individuals have a profound positive influence over the automotive sunroof market growth in recent years. Furthermore, the growing middle-class income group, especially in several fast-growing economies, also has impacted the automotive sunroof market growth and provide various profitable business opportunities for the market players globally. At present, the companies operating in the automotive sunroof market offer product such as slide-in, slide-out, panoramic, and pop-up sunroofs. Moreover, the integration of electric actuation through motors and improved glass materials has significantly upgraded the quality of sunroof system options for the OEMs and after-sales markets.

APACaccounts for the largest share of the global automotive sunroof market.APAC has the presence of a few of the major automotive manufacturers, such as Hyundai-Kia, Suzuki, Mitsubishi, Tata Motors Limited, Lexus, and Toyota. Also, a large number of automotive sunroof makers and suppliers, such as Dongfeng Renault, GAC Toyota, Maruti Suzuki, Mahindra & Mahindra, and Audi, are present in the region. Also, the governments of various APAC countries are taking initiatives for the development of the automotive sector the respective countries; for instance, under Union Budget 2019-2020, the government of India announced its plans to set up R&D centers at an expenditure of US$ 388.5 million to enable the automotive sector to meet the global standards. Such government initiatives in different countries are likely to generate huge demand for automotive sunroofs in the region.

Impact of COVID-19 Pandemic on Automotive Sunroof Market

The US is the worst-hit country in North America, with around 1432,265 active cases of infected individuals facing severe health conditions across the country. The continuous growth of infected individuals has led the government to impose lockdown across the nation’s borders. The majority of the manufacturing plants are shut down, municipalities are functioning slowly compared to the past, and the automotive and semiconductor industries are at a halt, which is negatively impacting the automotive sunroof market. In terms of patient count and death toll, Canada and Mexico are still at a nascent stage in comparison to the US. However, the manufacturing plants, automotive industry, and several other businesses are functioning slowly, which is negatively affecting the automotive sunroof market.

Lucrative Regions for Automotive SunroofMarket

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Automotive Sunroof Market Insights

Increasing sales of premium cars in China

China accounted for almost 21.4 million vehicle parc in the year 2019. The country is the largest producer as well as the largest market for car sales in the world. However, the overall car sales fell by 1.9% in 2019 as opposed to 2018 but, the demand for premium cars, sedans, and SUVs increased at 18.8% and 3.5%, respectively, compared to 2018. All major manufacturers of luxury vehicles, including Mercedes-Benz, BMW, and Audi, reported positive figures in November 2019. Along with the increase in sales, the market scenario changes rapidly. In the earlier generation, consumers used to purchase premium c vehicles mainly to reflect their social status, but the increasingly sophisticated new generation of buyers is expressing other reasons for buying premium autos for the need for luxury and clever technologies. As per the study conducted by the China Association of Automobile Manufacturers (CAAM), women are playing an important role in the premium car market in China. In CAAM’ssurvey, it was found that when selecting a vehicle model, women value safety features, exterior styling, and comfort over the attributes favored by their male counterparts, such as socially recognized premium brands, powertrain technology, and bigger models. The above-mentioned factors are going to drive the demand for the sunroof in sedans and SUVs.

Type Market Insights

The automotive sunroof market, based on type, has been segmented into the slide-in sunroof, slide-out sunroof, panoramic sunroof, and pop-up sunroof. The slide-in sunroof segment accounted for the largest share of the market in 2019. Presently, a significant number of automotive manufacturers, as well as sunroof manufacturers, provide the slide-in sunroofs resulting in their considerably larger market share in terms of both market revenue and volume. The slide-in sunroofs are extensively popular among sedans, SUVs, and hatchbacks vehicle models of prominent automotive manufactures. Furthermore, various manufacturers are providing sunroofs featuring protection from UV rays, improved lighting, car colored sunroof panels, and other custom features for the OEM manufactures.

Automotive sunroof Market, by Type– 2019and 2027

Automotive sunroofMarket
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Material MarketInsights

The material of the sunroof plays a crucial role in the sunroof panel in order to maintain the overall roof’s structural durability during unanticipated events and visual aesthetics of the vehicle. For instance, a sunroof material weighing heavier can impact the vehicle mileage performance according to some automotive experts, whereas a poop material can impact the insulation of outside temperature, especially in tropical climates and relatively warmer countries such as Asian and the Middle East. Thus, the manufacture’s selection of sunroof materials plays a crucial role in the selection of sunroofs materials in the sunroof panels. At present, based on the material used by several manufacturers, the sunroof market is bifurcated into fabric and glass. Thus, depending on the vehicle design and utility, the manufacturer provides the corresponding material-based sunroof products

Application- Market Insights

Based on application, the automotive sunroof market is segmented into premium cars, sedan cars, and SUVs. In 2019, the premium car segment dominated the global automotive sunroof market; whereas the market for the sedan cars segment is expected to grow at a higher CAGR during 2019–2027. The premium cars heavy focus on improving the overall traveling experience and comfort of the vehicle has greatly positively influenced the early adoption of the sunroofs resulting in their larger market share in terms of revenue as well as volume. For premium cars, the categories of cars considered are Class E and Class F based cars, which comprises mid-sized and full-size luxury sedans. The vehicles are generally including a broad range of comfort and luxury features that augment the overall traveling experience for the customer. As a result, the vehicles primarily include sunroof preinstalled by automotive manufactures. The early adoption of the sunroofs by several premium car manufacturing brands globally has significantly facilitated its popularity among other car categories hence propelling the overall growth of the market globally.

Automotive Sunroof Market-

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Automotive Sunroof Market: Strategic Insights

automotive-sunroof-market
Market Size Value inUS$ 5,104.70 Million in 2019
Market Size Value byUS$ 6,120.00Million by 2027
Growth rateCAGR of 3.2% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Business expansion through opening of new offices and production sitesis the commonly adopted strategies by companies to expand their geographic reach.Webasto, is among the market players implementing this strategyto enlarge the customer base and gain significant market share globally, whichin turn permits them maintain their brand name in the global market.

Automotive Sunroof Market Segmentation:

Automotive Sunroof Market by Type

  • Slide-in Sunroof
  • Slide-out Sunroof
  • Panoramic Sunroof
  • Pop-Up

Automotive Sunroof Market by Material

  • Fabric
  • Glass

Automotive Sunroof Market by Application

  • Premium Cars
  • SUV
  • Sedan Cars

Automotive Sunroof Market Company Profiles

  • ACS France SAS 
  • AISIN SEIKI Co.Ltd.
  • Automotive Sunroof-Customcraft (ASC) Inc.
  • Corning Incorporated     
  • Inalfa Roof Systems Group B.V.
  • Johnan Manufacturing Inc.       
  • Saint-Gobain Sekurit     
  • Sunny Enterprises         
  • Webasto Group   
  • Yachiyo Industry Co. Ltd. 
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type ; Material ; Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Kingdom, United States

The List of Companies - Automotive Sunroof Market

  1. ACS France SAS
  2. AISIN SEIKI Co.Ltd
  3. Automotive Sunroof-Customcraft (ASC) Inc
  4. Corning Incorporated
  5. Inalfa Roof Systems Group B.V
  6. Johnan Manufacturing Inc.
  7. Saint-Gobain Sekurit
  8. Sunny Enterprises
  9. Webasto Group
  10. Yachiyo Industry Co. Ltd

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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